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Agri, processed food exports rise 13% to $25 bn
Financial Express Pune
|April 17, 2025
Growing Demand
INDIA'S EXPORTS OF agricultural and processed food products rose by 13% year-on-year to $25.14 billion in 2024-25 compared to FY24, even though overall exports grew only marginally. The rise in farm produce shipments were driven primarily by a sharp rise of 20% in rice exports.
According to data provided by the Directorate General of Commercial Intelligence and Statistics, exports of rice, including basmati and non-basmati varieties, in 2024-25 surpassed $12.47 billion compared with $10.41 billion in the year-ago period.
The government started easing restrictions on rice exports in September 2024 on prospects of bumper output and significantly higher stocks, around a year after they were imposed. It has since removed all export restrictions, including the minimum export price, on rice shipments.
This story is from the April 17, 2025 edition of Financial Express Pune.
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